Litecoin has been able to recover higher levels, but has fallen short of $105 exactly as we predicted yesterday. Dedicated readers were prepared for this, and hopefully took profits if they bought in the $90's, which we cited as having strong support. Indeed, we found support just above our level at $94.84, which we still anticipate as a likely floor if we sell...
These are 2 possible scenarios with LTC that I managed to create with similar structure patterns found from ETH. Scenario 1: was the first connection I found - where the trendline meets at the bottom 3 wicks at the bottom of the correction: - the 28% drop towards the end of the trendline before liftoff -same is shown...
Litecoin dipped into the $90's, where finally saw some buying interest. Though this was sufficient enough to take us back to the $100 handle, we were unable to break the next major technical level of $101. We are currently sitting just under that, with two red triangles on the KRI confirming resistance here. The Kovach momentum indicators look pretty weak, but...
Hey Traders, As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band...
Litecoin Intraday - We look to Sell at 102.94 (stop at 104.28) Preferred trade is to sell into rallies. Previous support at 103.00 now becomes resistance. Prices expected to stall near trend line resistance. We have a 78.6% Fibonacci pullback level of 103.46 from 105.40 to 96.34. Our profit targets will be 97.81 and 95.10 Resistance: 103.00 / 106.00 /...
Litecoin got hammered, giving up the $100 handle entirely. Earlier this week, the high $90's got bought up quickly, and we were able to make a concerted effort to make it back to $105. However, we were promptly batted down to lower levels, finding support just above our next technical level below at $94.84. We are seeing several green triangles forming at these...
LTC bounced a little from 97,the 3x bottom of my green consolidation box since Jan. It may fall a little bit more to retest previous low & make a double bottom. If this is the bottom, then a new EW cycle shall begin. Worst case scenario is for it to drop a lot more to the max pain zone at the 85 to 78 pink box. Not trading advice
Litecoin has found support after giving up the $100 handle briefly, and testing the high $90's. We were immediately bought back, breaking through $101, and testing $105. However, momentum quickly fizzled and we have retraced, finding comfort in the range between $101 and $105. The Kovach OBV does suggest a bull divergence, we should face prohibitive resistance...
Hey Traders, As you can see on the daily candles of Litecoin (LTC). The All Candlestick Pattern has revealed there was a candle with a long longer shadow. This is when the bulls bring the price action to a lower close of the bears sell off indicating control of the bulls. Very good chance to buy in! Safe Trading, -Pulkanator
Looks like BTC is going to 45K if $38493 is not taken out. If $38493 is taken out then we are going to 31K. Why I think it will go higher and not lower. This is just my opinion and not financial advice. I hope this helps you make an educated decision. 1. It's highly unlikely we are going down considering ALT coins are all in a good setup to go higher. I will post...
you can buyLTCUSDT after brake the trend this is my personal idea!
Litecoin has taken a dramatic turn for the worse, completely giving up the $100 handle albeit for a bit. We smashed through all of our technical levels in the low $100's including $111, $109, $105, and $101. We did see support start to form around $99, confirmed by a green triangle on the KRI. We were then bought back up to $100, suggesting that the markets...
LTC confirmed its downtrend, next level is $100. Nothing magical just trend following strategy...
My short summary of current BTCUSD market - which is a base if it comes to ADAUSD price development. 4H bullish, 1D Neutral, 1W Neutral By neutral I mean that we need to wait for further price action development. 4H bullish, 1D Neutral, 1W Neutral By neutral I mean that we need to wait for further price action development. Why bullish on 4H ? Due to emerging...
Head and shoulders pattern has formed, Maybe LTC price will return to the 90 zone. Wait to hold it
LTCUSD Downward Scenario Entry: under 101.10 TP1: 95.5 TP2: 93.5 TP3: 90 SL.: 108.2 Risk 2% ---- LTCUSD Upward Scenario Entry: above 104.50 TP1: 115 TP2: 120 TP3: 130 SL.: 95 Risk 2.5%
Hi, this is my new update for LTC. We are in a beautiful falling parallel channel for 5 months, but I think now it is time to choose a big direction. We are now under both the 50 days and 100 days moving averages, but once we get above these levels the next resistance is around 122$. I think we have big resistances on our way if we want to break this falling...
Possible bullish scenario for next few months if the breaking of the falling wedge is confirmed. Note the support of the MACD and the RSI, the possible resistance remains the SMA-EMA 200. No financial advice.